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Author: whyohwhyoh Big red star, 1000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5084  
Subject: FIRE mid-year update 2008 Date: 7/1/2008 1:57 PM
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Here is a mid-year update on our retirement goals....

--Net worth down almost 1% since 1/1/08. Now at 5.3 NW/AI at age 34.

Current Portfolio:
31% Picked Stocks (Top 4 holdings: SSD, BMY, BWLD, BUD)
8% Stock Options
17% 401k Mutual Funds (75% S&P500 index fund)
37% California Real Estate (Our House Value*0.93-Mortgage)
7% Fixed Income (Savings, CA-exempt MM)

2008 Notes so far:
Funded one 2008 Roth and one 2008 ERA so far. On par to fully fund 401k.
Tough market so far with the S&P500 dropping 15%.
Upward adjustment to AI.
Increase in stock option value, BUD and BWLD have saved our net worth.
Poor choice in dumping money into bank stocks a few months ago.

FIRE at age 40 is looking impossible, but it is only a goal. Now with 2 kids, a 3+ month vacation later this year, and the desire to purchase a larger house will definitely affect our financial strategy over the next 12 months.

NW/AI historical chart
http://pic40.picturetrail.com/VOL362/677161/15775683/3236302...

2007 Update: NW/AI=5.3
http://boards.fool.com/Message.asp?mid=26243566

2006 Update: NW/AI=4.6
http://boards.fool.com/Message.asp?mid=24999370

2005 Update: NW/AI=3.7
http://boards.fool.com/Message.asp?mid=23507890

2004 Update: NW/AI=2.5
http://boards.fool.com/Message.asp?mid=21842676

2003 Update: NW/AI=1.4
http://boards.fool.com/Message.asp?mid=20380221

--
whyohwhyoh
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